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TheStreet Open House

First Internet Bank Recognized As A Top Online Mortgage Originator

Stock quotes in this article: INBK

First Internet Bank today announced it has been named a finalist for the 2013 Mortgage Technology Awards, sponsored by Mortgage Technology. For the second consecutive year, First Internet Bank is one of three finalists in the Online Originator category, which recognizes lenders that use Web-based technologies to generate borrower leads and convert them into closed loans.

“We are so pleased to be nominated for this award again,” said President and CEO David Becker. “We primarily find prospective mortgage borrowers through our online marketing efforts. We drive them to our site, where we provide consumers with the easy-to-use tools that empower them to make smart financial choices.”

As a non-traditional bank, First Internet Bank offers consumer deposit accounts and loans nationally without a branch network and therefore boasts competitive rates and fees thanks to its lower cost structure. Prospective borrowers can get up-to-the-minute rate quotes and complete an online mortgage application – and even receive a decision – in just minutes, 24/7. Highly experienced and trained sales professionals provide guidance as needed and serve as a point of contact for the customer throughout the process. First Internet Bank offers both refinancing and homebuying programs, including FHA, VA, conventional, and jumbo financing.

Winners of the 2013 Mortgage Technology Awards will be revealed at the Mortgage Technology Awards Ceremony on Sunday, October 27 in Washington, D.C.

About Mortgage Technology

Mortgage Technology covers technology trends and breaking news for loan originators, servicers and investors in the mortgage industry. It is a sister publication to the weekly newspaper and daily news website National Mortgage News. Parent company SourceMedia provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences.

About First Internet Bank

First Internet Bank of Indiana is the first state-chartered, FDIC-insured institution to operate solely via the Internet and has customers in all 50 states. Deposit services include checking accounts, regular and money market savings accounts with industry-leading interest rates, CDs and IRAs. First Internet Bank also offers consumer loans, conforming mortgages, jumbo mortgages, home equity loans and lines of credit, and commercial loans. Earlier this year, First Internet Bank was named one of the Best Places to Work in Indiana by the Indiana Chamber of Commerce. The bank is a wholly owned subsidiary of First Internet Bancorp (NASDAQ: INBK).

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